Is the money supply endogenous

Whether money supply actually is endogenous or exogenous is always an endless debatable problem in the financial field.

货币供给究竟是内生的还是外生的，这是货币金融领域始终争论不休的问题。

It is also found that the money supply was endogenous, i. e., it grew with almost the same speed as that of the inflation expectations.

经验结论还表明这一时期货币供给主要是内生决定的，预期价格上涨导致名义货币供给几乎同比例增长。

That money supply is exogenous or endogenous has been one of the focuses that the theory circle has disputed all the time.

货币供给的外生性与内生性一直是理论界争论的焦点之一。